Adam Rosenfeld & Ruiya Feng Sell Bel Air SFR For $36M
627 Carcassonne Rd, Bel Air, Los Angeles, CA, USA
$36,000,000
$1,285/SF
Building Size
28,000 SF
Asset Type
Single Family Residence
Closing
Apr 15, 2021
AI
Located in the prestigious Bel Air market, the single-family residence at 627 Carcanssone Rd recently changed hands in a closed transaction. The property, spanning approximately 28,000 square feet, was sold for a significant amount of $36,000,000, translating to a price per square foot of $1,285. The deal took place on April 16, 2021, with Adam Rosenfeld and Ruiya Feng acting as the brokers representing the parties involved.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $36,000,000
- Address: 627 Carcanssone Rd
- Market: Bel Air
- Brokers: Adam Rosenfeld - Ruiya Feng
Adam Rosenfeld and Ruiya Feng, from their respective agencies, played a pivotal role in facilitating the successful transaction. Their expertise and negotiation skills ensured a smooth deal for the involved parties. With their guidance, the seller and buyer were able to navigate the intricacies of the transaction, ultimately resulting in the sale of this remarkable property.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93